Tokyo Lifestyle Co., Ltd. Launches New Online Platform for Reiwatakiya Brand in Canada, Expanding North American Presence
November 14 2024 - 7:00AM
Tokyo Lifestyle Co., Ltd. (“Tokyo Lifestyle” or the “Company”)
(Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and
health products, sundry products, luxury products, electronic
products, as well as other products in Hong
Kong, Japan, North America and the United Kingdom,
today announced the launch of a new online sales platform for its
Reiwatakiya brand in Canada. The platform, available at
https://reiwatakiyatoronto.com, will serve as a one-stop online hub
for North American customers, offering authentic Japanese health,
beauty, and lifestyle products with local shipping options across
North America. This launch represents a major milestone in the
Company’s regional expansion strategy.
Mr. Mei Kanayama, Principal Executive Officer of
Tokyo Lifestyle, commented, “The North American market has been a
strategic focus for us, and with this new platform, we are excited
to deepen our presence in the region. The Reiwatakiya platform
provides fast, convenient shopping and shipping across North
America, allowing customers easy access to premium Japanese
products and an exceptional shopping experience. This initiative
underscores our commitment to strengthening Tokyo Lifestyle’s brand
influence and establishing a solid foundation for continued growth
in this key market. We believe the Reiwatakiya brand will resonate
with local consumers and establish a trusted, stylish image.”
About Tokyo Lifestyle Co.,
Ltd.
Headquartered in Tokyo, Japan, Tokyo
Lifestyle Co., Ltd. (formerly known as Yoshitsu Co., Ltd) is a
retailer and wholesaler of Japanese beauty and health products,
sundry products, luxury products, electronic products, and other
products in Hong Kong, Japan, North America, and
the United Kingdom. The Company offers various beauty products
(including cosmetics, skincare, fragrance, and body care products),
health products (including over-the-counter drugs, nutritional
supplements, and medical supplies and devices), sundry products
(including home goods), and other products (including food and
alcoholic beverages). The Company currently sells its products
through directly-operated physical stores, through online stores,
and to franchise stores and wholesale customers. For more
information, please visit the Company's website
at https://www.ystbek.co.jp/irlibrary/.
Forward-Looking Statements
Certain statements in this press release are
forward-looking statements, within the meaning of Section 21E of
the Securities Exchange Act of 1934, as amended, and as defined in
the U.S. Private Securities Litigation Reform Act of 1995. These
forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations and projections
about future events and financial trends that the Company believes
may affect its financial condition, results of operations, business
strategy, and financial needs. Investors can identify these
forward-looking statements by words or phrases such as "may,"
"will," "expect," "anticipate," "aim," "estimate," "intend,"
"plan," "believe," "potential," "continue," "is/are likely to," or
other similar expressions. The Company undertakes no obligation to
update forward-looking statements to reflect subsequent occurring
events or circumstances, or changes in its expectations, except as
may be required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results and
encourages investors to review other factors that may affect its
future results in the Company's registration statement and in its
other filings with the U.S. Securities and Exchange Commission.
For more information, please
contact:
Tokyo Lifestyle Co.,
Ltd.Investor Relations
DepartmentEmail: ir@ystbek.co.jp
Ascent Investor Relations LLCTina
XiaoPresidentPhone:
+1-646-932-7242Email: investors@ascent-ir.com
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